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HSBC Continues Share Buy-Back Program
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HSBC Continues Share Buy-Back Program

HSBC Holdings plc (HSBC) has released an update.

HSBC Holdings plc has announced the buy-back and cancellation of 3,362,900 of its ordinary shares at a volume-weighted average price of £6.4016, as part of an ongoing repurchase initiative that began on February 22, 2024. The total consideration for shares bought back since the announcement has reached approximately US$1.297.6 million. Following the cancellation, HSBC’s issued ordinary share capital will consist of 18,947,467,098 shares, and shareholders can use this figure to assess changes in their interest.

For further insights into HSBC stock, check out TipRanks’ Stock Analysis page.

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